Russell 2000 15x Fund Quote

RYCMX Fund  USD 39.30  1.25  3.29%   

Performance

4 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 41

 
100  
 
Zero
Below Average
Russell 2000 is trading at 39.30 as of the 28th of March 2024; that is 3.29 percent up since the beginning of the trading day. The fund's open price was 38.05. Russell 2000 has about a 41 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Russell 2000 15x are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index, ETFs and derivative instruments. It will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform similarly to the securities of companies included in the underlying index. More on Russell 2000 15x

Moving together with Russell Mutual Fund

  0.78RYBCX Basic Materials FundPairCorr
  0.66RYBAX Basic Materials FundPairCorr
  0.78RYBMX Basic Materials FundPairCorr
  0.75RYBHX Sp Midcap 400PairCorr
  0.79RYBIX Basic Materials FundPairCorr

Moving against Russell Mutual Fund

  1.0RYAFX Inverse Russell 2000PairCorr
  0.9RYAGX Inverse Mid-cap StrategyPairCorr
  0.66RYARX Inverse Sp 500PairCorr
  0.58RYACX Inverse Nasdaq-100PairCorr
  0.58RYAIX Inverse Nasdaq-100PairCorr
  0.58RYALX Inverse Nasdaq-100PairCorr
  0.58RYAPX Inverse Nasdaq-100PairCorr

Russell Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Russell 2000's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Russell 2000 or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationRydex Funds, Large Funds, Trading--Leveraged Equity Funds, Trading--Leveraged Equity, Rydex Funds (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date19th of August 2022
Fiscal Year EndMarch
Russell 2000 15x [RYCMX] is traded in USA and was established 28th of March 2024. Russell 2000 is listed under Rydex Funds category by Fama And French industry classification. The fund is listed under Trading--Leveraged Equity category and is part of Rydex Funds family. This fund at this time has accumulated 6.78 M in assets with no minimum investment requirementsRussell 2000 15x is currently producing year-to-date (YTD) return of 2.41% with the current yeild of 0.0%, while the total return for the last 3 years was -6.05%.
Check Russell 2000 Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Russell Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Russell Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Russell 2000 15x Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Russell 2000 15x Mutual Fund Constituents

BLUEBluebird BioStockHealth Care
COHRCoherentStockInformation Technology
GIYIXGuggenheim Ultra ShortMutual FundUltrashort Bond
TTWOTake Two Interactive SoftwareStockCommunication Services
CCChemours CoStockMaterials
MKSIMKS InstrumentsStockInformation Technology
AZPNAspen TechnologyStockInformation Technology
More Details

Russell 2000 Target Price Odds Analysis

Based on a normal probability distribution, the odds of Russell 2000 jumping above the current price in 90 days from now is roughly 2.23%. The Russell 2000 15x probability density function shows the probability of Russell 2000 mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 2.9025 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Russell 2000 will likely underperform. Additionally, russell 2000 15x has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 39.3HorizonTargetOdds Above 39.3
97.72%90 days
 39.30 
2.23%
Based on a normal probability distribution, the odds of Russell 2000 to move above the current price in 90 days from now is roughly 2.23 (This Russell 2000 15x probability density function shows the probability of Russell Mutual Fund to fall within a particular range of prices over 90 days) .

Russell 2000 15x Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Russell 2000 market risk premium is the additional return an investor will receive from holding Russell 2000 long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Russell 2000. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Russell 2000's alpha and beta are two of the key measurements used to evaluate Russell 2000's performance over the market, the standard measures of volatility play an important role as well.

Russell 2000 Against Markets

Picking the right benchmark for Russell 2000 mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Russell 2000 mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Russell 2000 is critical whether you are bullish or bearish towards Russell 2000 15x at a given time. Please also check how Russell 2000's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Russell 2000 without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Russell Mutual Fund?

Before investing in Russell 2000, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Russell 2000. To buy Russell 2000 fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Russell 2000. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Russell 2000 fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Russell 2000 15x fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Russell 2000 15x fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Russell 2000 15x, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Russell 2000 15x?

The danger of trading Russell 2000 15x is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Russell 2000 is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Russell 2000. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Russell 2000 15x is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Russell 2000 15x. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Russell 2000's price analysis, check to measure Russell 2000's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Russell 2000 is operating at the current time. Most of Russell 2000's value examination focuses on studying past and present price action to predict the probability of Russell 2000's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Russell 2000's price. Additionally, you may evaluate how the addition of Russell 2000 to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Russell 2000's value and its price as these two are different measures arrived at by different means. Investors typically determine if Russell 2000 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Russell 2000's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.